April Swenson, Managing Broker at
Coldwell Banker Ocean Shores Brokers Real Estate
2nd-Quarter 2014
Ocean
Shores/North Beach
Newsletter
Presented by
April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores
Brokers Real Estate
NOTABLE NEWS &
EVENTS
INDEPENDENCE DAY at the BEACH
2014
FIVE STAR SAND & SAWDUST FESTIVAL
2014
NEW YOUTUBE VIDEOS
UPLOADED
OTHER NOTABLE
LOCAL NEWS
- New Store
Front in Downtown Ocean Shores: Burlap & Grain Vintage Market ~ a
store of hand-made and refurbished vintage items; located at 817 Pt Brown Ave
NW.
- The Ocean
Crest Resort Restaurant in Moclips is almost ready for its Grand Re-Opening
after a fire in 2011.
- The Ocean
Shores City Council approved a 30-day camping allowance for Homeowners. In a
rule that has been primarily unrealized and unenforced, properties with homes
were allowed to park RVs/trailers/5th-wheels year-round, but not allowed to be
used by overnight guests. So for Homeowners, it is now legal to have
guests/family stay in your RV/trailer/5th-wheel up to 30-days/year at a max of
10-days per stay.
NOTE: The 90-day camping rule on Vacant Land still
applies. The above rule only applies to properties with homes.
- I have
created and am maintaining 2 Facebook pages (one personal and one business).
Like Me at www.facebook.com/OceanShoresWARealEstate and/or www.facebook.com/OceanShoresProperties
UPCOMING
EVENTS
- July
12th-13th ~ Ocean Shores Big Weekend Triathlon & Footfest: Start
and finish at North Bay Park.
- July
25th-27th ~ Sun & Surf Run: motorcycles roar into Ocean
Shores.
- Aug 9th-10th ~
Body & Soul Festival: held at the Ocean Shores Lion Club.
- Aug
30th ~ Paddle-a-Thon: human powered boat races, poker paddle, etc. held
at the North Bay Park.
- Sept 5th-7th ~
AAOS Arts & Crafts Festival: held at the Convention Center.
- Sept
19th-21st ~ Whale of a Quilt Show: quilt show at the Convention
Center.
BUYS IN OCEAN
SHORES
Click on the
following links to view the MLS flyers for some good deals on properties in
Ocean Shores:
2nd-Quarter
2014 ACTIVITY/UPDATE
(April 1st -
June 30th)
We are off to a good
start for 2014. Here are some positive numbers:
- # of Homes Sold in Ocean Shores
increased from 39 in the 2nd-Q of 2013 to 62 in the 2nd-Q
of 2014, but the Median Sales Price decreased from $145K in the 2nd-Q of
2013 to $140K in the 2nd-Q of 2014.
- Sold
Volume for Homes increased from $11.5M in the 1st-Half of
2013 to $17.073M in the 1st-Half of 2014.
- # of Homes Sold in Ocean Shores
increased from 77 in the 1st-Half of 2013 to 114 in
the 1st-Half of 2014.
The numbers
below show that Ocean Shores is still one of the leaders for affordability,
availability and productivity (# of properties and volume closed) compared to
the other beach towns along the Washington Coast. Ocean Shores also offers a
lot more availability and affordability for building lots
too.
OCEAN
SHORES MARKET:
Click on the
following links to view the MLS flyers for sold properties (2nd-Quarter of
2014):
1st-Half
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 259 | 492 | 38 | 3 | 16 | 808 |
| Pendings | 28 | 12 | 1 | 0 | 0 | 41 |
| Solds | 114 | 77 | 6 | 0 | 6 | 203 |
| Sold
Volume | $17.073M | $1.85M | $464,500 | $0 | $925K | $20.3125M |
| Sold Median
Price | $143,450 | $15K | $61,250 | N/A | $167,500 | |
| Avg. Days on
Market (solds) | 267 | 290 | 151 | N/A | 254 | |
2nd-Quarter
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Solds | 62 | 42 | 2 | 0 | 2 | 108 |
| Sold
Volume | $8.94M | $1.055M | $70K | $0K | $305K | $10.37M |
| Sold
Median Price | $140K | $15K | $35K | $0K | $152,500 | |
| Avg. Days
on Market (solds) | 289 | 227 | 154 | N/A | 203 | |
NORTH BEACH
(Ocean City to
Moclips) MARKET:
Click on the
following links to view the MLS flyers for sold properties (2nd-Quarter of
2014):
Sold
Homes
Sold
Land
1st-Half
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 65 | 139 | 1 | 0 | 1 | 206 |
| Pendings | 4 | 0 | 0 | 0 | 0 | 4 |
| Solds | 15 | 4 | 0 | 0 | 0 | 19 |
| Sold
Volume | $4.78M | $71K | $0 | $0 | $0 | $4.851M |
| Sold Median
Price | $317K | $12,250 | N/A | N/A | N/A | |
| Avg. Days on
Market (solds) | 274 | 257 | N/A | N/A | N/A | |
2nd-Quarter
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Solds | 8 | 3 | 0 | 0 | 0 | 11 |
| Sold
Volume | $2.585M | $28K | $0 | $0K | $0K | $2.613M |
| Sold
Median Price | $342,250 | $11K | $0 | $0K | $0K | |
| Avg. Days
on Market (solds) | 389 | 254 | N/A | N/A | N/A | |
SOUTH BEACH (Westport/Grayland/Ocosta)
MARKET:
1st-Half
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 87 | 91 | 20 | 8 | 11 | 217 |
| Pendings | 6 | 3 | 3 | 0 | 1 | 13 |
| Solds | 30 | 9 | 8 | 1 | 2 | 50 |
| Sold
Volume | $4.075M | $271,300 | $1.408M | $0 | $360K | $6.114M |
| Sold
Median Price | $132,500 | $18K | $183,500 | N/A | $180K | |
| Avg. Days
on Market (solds) | 133 | 215 | 85 | N/A | 182 | |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates)
MARKET:
1st-Half
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 321 | 330 | 40 | 4 | 28 | 723 |
| Pendings | 48 | 8 | 5 | 0 | 2 | 63 |
| Solds | 103 | 55 | 12 | 1 | 2 | 173 |
| Sold
Volume | $17.887M | $2.077M | $749,251 | $89,950 | $214K | $21.017M |
| Sold
Median Price | $46,500 | $30K | $58,750 | $89,950 | $107K | |
| Avg. Days
on Market (solds) | 227 | 257 | 431 | 308 | 23 | |
NOTE: All of the above data was
pulled from the NWMLS and is not guaranteed.
FINANCING
NEWS
MORTGAGE NEWS
Interest rates are
down to around 4.25% with 0 points (depending on credit and down payment).
Funding is available through FHA, VA, USDA and Conventional Loans to buy primary
and secondary/vacation homes in Ocean Shores and the North Beach.
For
more help on getting pre-approved/qualified, contact our local lender, The Bank
of the Pacific....Desiree Goodwin, the Residential Loan Officer,
at 360-500-4003, or e-mail her at dgoodwin@bankofthepacific.com. You can also contact Saul Schiffner
at Wallick & Volk Mortgage Brokers in Bellevue at 425-422-6333, or e-mail
him at saul.schiffner@wvmb.com.
If you ever have any questions about Area
Information and Real Estate in Ocean Shores and the North Beach, please do not
hesitate to call or e-mail me.
~ April Swenson
aswenson25@juno.com
360-589-2777
(cell/text)
Your Beach
Destination Awaits You at the #1 Washington Coast
Town!